The hydrogen (h2) + renewable natural gas (rng) fueling infrastructure global market report 2024 from The Business Research Company provides comprehensive market statistics, including global market size, regional shares, competitor market share, detailed segments, trends, and opportunities. This report offers an in-depth analysis of current and future industry scenarios, delivering a complete perspective for thriving in the industrial automation software market.
Hydrogen (H2) + Renewable Natural Gas (RNG) Fueling Infrastructure Market, 2024 report by The Business Research Company offers comprehensive insights into the current state of the market and highlights future growth opportunities.
Market Size –
The hydrogen (H2) + renewable natural gas (RNG) fueling infrastructure market size has grown exponentially in recent years. It will grow from $13.64 billion in 2023 to $17.41 billion in 2024 at a compound annual growth rate (CAGR) of 27.6%. The growth in the historic period can be attributed to increasing solar-driven hydrogen fuel production, increasing efficiency of solar panels and electrolyzers, increasing efforts of public and private corporations, Government policies and incentives, and increasing demand sustainable fuel alternatives.
The hydrogen (H2) + renewable natural gas (RNG) fueling infrastructure market size is expected to see exponential growth in the next few years. It will grow to $44.96 billion in 2028 at a compound annual growth rate (CAGR) of 26.8%. The growth in the forecast period can be attributed to the global push towards reducing greenhouse gas emissions, rising demand for clean energy, increasing adoption of hydrogen fuel cell vehicles, growth of renewable energy sources, and increasing investments in hydrogen refueling infrastructures. Major trends in the forecast period include technological innovation, development of hydrogen hubs, development of standardized safety protocols, product innovations, and advancements for enabling efficient hydrogen production.
Order your report now for swift delivery @
https://www.thebusinessresearchcompany.com/report/hydrogen-h2-renewable-natural-gas-rng-fueling-infrastructure-global-market-report
Scope Of Hydrogen (H2) + Renewable Natural Gas (RNG) Fueling Infrastructure Market
The Business Research Company’s reports encompass a wide range of information, including:
1. Market Size (Historic and Forecast): Analysis of the market’s historical performance and projections for future growth.
2. Drivers: Examination of the key factors propelling market growth.
3. Trends: Identification of emerging trends and patterns shaping the market landscape.
4. Key Segments: Breakdown of the market into its primary segments and their respective performance.
5. Focus Regions and Geographies: Insight into the most critical regions and geographical areas influencing the market.
6. Macro Economic Factors: Assessment of broader economic elements impacting the market.
Hydrogen (H2) + Renewable Natural Gas (RNG) Fueling Infrastructure Market Overview
Market Drivers –
The increasing demand for renewable energy sources is expected to propel the growth of the hydrogen (H2) + renewable natural gas (RNG) fueling infrastructure market going forward. Renewable power sources are energy sources that are naturally replenished on a human timescale and can be continuously used without depleting their supply. The demand for renewable energy sources is due to environmental concerns, government policies, and climate goals. Renewable energy sources use hydrogen (H2) + renewable natural gas (RNG) fueling infrastructure to produce, store, and distribute renewable hydrogen and natural gas, enabling the reduction of fossil fuel dependence and lowering emissions for sustainable transportation and energy generation. For instance, in December 2023, according to Eurostat, a Luxembourg-based government agency, renewable energy represented 23.0% of energy consumed in the European Union in 2022, up from 21.9% in 2021. Therefore, the increasing demand for renewable energy drives the hydrogen (H2) + renewable natural gas (RNG) fueling infrastructure market.
Market Trends –
Major companies operating in the hydrogen (H2) + renewable natural gas (RNG) fueling infrastructure market are focused on developing innovative solutions such as advanced hydrogen generation systems to enhance efficiency, reduce costs, and support the growth of a sustainable and low-carbon energy ecosystem. An advanced hydrogen generation system is a sophisticated technology designed to produce hydrogen efficiently and sustainably. These systems aim to provide a cleaner, more efficient, and adaptable approach to hydrogen production, supporting the broader adoption of hydrogen as an energy source. For instance, in August 2022, Southern California Gas Company (SoCalGas), a US-based utility company, launched the H2 SilverSTARS, a first-of-its-kind advanced hydrogen generation system at SunLine Transit Agency in Thousand Palms, California. This aims to produce clean hydrogen from renewable natural gas (RNG) for the SunLine Transit Agency’s hydrogen fuel cell electric buses. The H2 SilverSTARS system will generate up to 80 kilograms of clean hydrogen daily to fuel three of SunLine’s zero-emission buses. The compact system is based on low-cost 3D-printed reactor disks and heat exchangers, allowing it to be easily installed at fueling stations to help meet demand while advancing climate and clean air goals.
The hydrogen (H2) + renewable natural gas (RNG) fueling infrastructure market covered in this report is segmented –
1) By Type: Hydrogen Production Facilities, Hydrogen Storage Facilities, Hydrogen Transportation Infrastructure, Hydrogen Refueling Stations, Other Infrastructures
2) By Production: Steam Methane Reforming, Coal Gasification, Electrolysis, Other Production
3) By Storage: Compression, Liquefaction, Material Based
Get an inside scoop of the hydrogen (h2) + renewable natural gas (rng) fueling infrastructure market, Request now for Sample Report @
https://www.thebusinessresearchcompany.com/sample.aspx?id=19514&type=smp
Regional Insights –
Asia-Pacific was the largest region in the hydrogen (H2) + renewable natural gas (RNG) fueling infrastructure market in 2023. The regions covered in the hydrogen (H2) + renewable natural gas (RNG) fueling infrastructure market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Key Companies –
Major companies operating in the hydrogen (H2) + renewable natural gas (RNG) fueling infrastructure market are TotalEnergies SE, BP p.l.c., Siemens AG, Iberdrola S.A., Thyssenkrupp AG, Linde PLC, Air Liquide S.A., Cummins Inc., Air Products and Chemicals Inc., Chart Industries Inc., Plug Power Inc., Nel ASA, FuelCell Energy Inc., Ballard Power Systems Inc., FASTECH, Green Hydrogen Systems A/S, McPhy Energy S.A., Hydrogenics Corporation, H2 Mobility Deutschland GmbH & Co. KG, Hyzon Motors Inc.
Table of Contents
1. Executive Summary
2. Hydrogen (H2) + Renewable Natural Gas (RNG) Fueling Infrastructure Market Report Structure
3. Hydrogen (H2) + Renewable Natural Gas (RNG) Fueling Infrastructure Market Trends And Strategies
4. Hydrogen (H2) + Renewable Natural Gas (RNG) Fueling Infrastructure Market – Macro Economic Scenario
5. Hydrogen (H2) + Renewable Natural Gas (RNG) Fueling Infrastructure Market Size And Growth
…..
27. Hydrogen (H2) + Renewable Natural Gas (RNG) Fueling Infrastructure Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
Contact Us:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 88972 63534
Americas: +1 315 623 0293
Email: [email protected]
Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
Twitter: https://twitter.com/tbrc_info
Facebook: https://www.facebook.com/TheBusinessResearchCompany
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Blog: https://blog.tbrc.info/
Healthcare Blog: https://healthcareresearchreports.com/
Global Market Model: https://www.thebusinessresearchcompany.com/global-market-model
